IHC arm gets RBI nod to buy Sammaan Capital

Sammaan Capital shares surged 6% following the RBI’s approval for a controlling stake acquisition by UAE’s International Holding Company (IHC). IHC will invest approximately Rs 8,850 crore through its entity, Avenir Investment, marking a significant …

Sammaan Capital shares surged 6% following the RBI’s approval for a controlling stake acquisition by UAE’s International Holding Company (IHC). IHC will invest approximately Rs 8,850 crore through its entity, Avenir Investment, marking a significant development for the company.

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